Up +15% in the PM now, $OSCR got a lot of attention over this long weekend, somewhat brought on by Burry and Soros adding 200,000 and 600,000 shares in the last quarter.
Price has bounced now on the 0.5 Fib at $12.89 and we can see that the price is testing the 0.38 Fib now exactly in the PM at $15.47.
Price is back above the 50 Day MA in the PM too.
We need to see how this opens and if there is going to be sustained strength here throughout the day, I would be surprised if market markers do not try and get this cheaper right now.
For us, our plan remains the same, recapturing the 200 Day MA at $17.43 and the reversal is on.
Until then, level heads are needed and really all I am looking for this week is a hold above the 0.5 Fib at $13, everything above this is a bonus and the price action will look after itself once this level is held and I would expect a reversal to come.
Holding above the 200 Day MA and I expect a run up to the blue line at $23.55
I do believe a hold above $13 is the equivalent of buying $HIMS at $13.
Jeff
2025-02-18 16:24:51 +0000 UTCMatt
2025-02-18 14:22:16 +0000 UTCSteve . S
2025-02-18 13:31:54 +0000 UTCDaniel
2025-02-18 13:25:22 +0000 UTCMatt
2025-02-18 12:28:38 +0000 UTCUsman Hijazi
2025-02-18 11:58:58 +0000 UTC